Empresaria Agrees to Extension for Legacy UK's Takeover Offer Talks

Empresaria Group said it agreed to an extension to the deadline for Legacy UK Holdings' $45 million takeover bid as positive talks between the companies progress. The specialist staffing group said Wednesday that the suitor has until Oct. 22 to either make a formal offer for it or walk away under U.K. Takeover Panel rules. The previous deadline was Sept. 24. Empresaria, which has attracted takeover interest in recent months, said on July 30 that it received a proposal from Legacy UK for up to 62 pence a share in...